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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • Iran, UN agree on replacing nuclear site’s damaged cameras

    The Vienna-based International Atomic Energy Agency had been seeking to replace the devices which Iran says were damaged in a...

    Iran began restricting some IAEA inspection activity earlier this year as part of steps it has taken away from the 2015 nuclear deal after the US pulled out.

    Negotiations resumed last week to try to revive the deal under which Iran pledged to reduce its nuclear capabilities in exchange for sanctions relief.

  • Emirates and IAEA discuss nuclear program, Expo’s role in fostering ties

    Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Rafael Mariano Grossi, Director-General of...

    The two sides reviewed the role of Expo 2020 Dubai in promoting international cooperation and building effective and fruitful partnerships

    The IAEA Director-General highlighted the importance of the constructive cooperation between the UAE and the International Atomic Energy Agency

  • UAE keen to foster cooperation with ASEAN, says Foreign Affairs Minister

    Reports say that Sheikh Abdullah bin Zayed praised the outstanding relations between the UAE and the ASEAN countries.

    The two sides hailed the distinguished relations between the UAE and the ASEAN group in a meeting held at Dubai Expo 2020

    The two parties reviewed the role of Expo 2020 Dubai in reinforcing the cooperation between the UAE and the ASEAN group

  • UN chief says cross-border aid to Syria rebel bastion vital

    The cross-border mechanism has been operating since 2020 through Bab al-Hawa, after the Russian-imposed removal in 2019 of three other...

    Cross-border assistance remains life saving for millions of people in need in north-west Syria, UNO Secretary General Antonio Guterres said.

    Guterres said some 4.5 million people in Syria need help this winter, up 12 percent from the previous year due to pandemic and economic crisis.

  • Saudi Arabia stresses need for international cooperation to fight corruption

    Combating corruption requires cooperation from every person in all societies at all levels in all its forms and manifestations, said...

    Mazen bin Ibrahim Al-Kahmous, President of Saudi Arabia's Oversight and Anti-Corruption Authority. was speaking at UN Convention against Corruption.

    Saudi Arabia's "Riyadh Initiative" aimed at establishing a global operation network of anti-corruption law enforcement authorities.

  • Naif Arab University and Tunisia’s justice ministry sign exchange pact

    Naif Arab University for Security Sciences has signed a cooperation agreement with the Tunisian Ministry of Justice on the sidelines...

    The two sides will exchange expertise in academics, research and training programs, symposiums, forums, conferences and workshops

    NAUSS specializes in advanced security-related studies at the postgraduate level in the form of diplomas, master’s degrees and doctorate programs.

  • RewirEd Summit concluded at Expo 2020 Dubai

    The RewirEd Summit sponsored by Etihad Airways and Hettich in Expo 2020 Dubai concluded yesterday with a series of major...

    The RewirEd Declaration launched by UNESCO and Dubai Cares on Connectivity for Education was the key announcement of this summit

    The UAE was praised by all the five presidents along with 45 ministers in the summit for delivering quality education

  • Armed with drones, Turkey explores African arms sales

    Ankara already has a military base in Somalia, and Morocco and Tunisia reportedly took their first delivery of Turkish combat...

    The two-day Turkey-Africa partnership summit starting Friday comes fast on the heels of a top-level business forum in October that focused on investment and trade

    Leaders and top ministers from 39 countries -- including 13 presidents -- have confirmed attendance, with Erdogan set to make a speech on Saturday

  • UAE taps Harvard lab to help build its economy

    The new partnership between Harvard university’s Growth lab and the UAE’s Ministry of Economy is in line with the government’s...

    The UAE signed agreement with Harvard’s Growth Lab, specialized in theoretical and empirical research on determinants of growth

    The two-year program under the agreement will see academic experts conduct evidence-based economic analyses and research

  • Blinken says US still prepared to sell jet fighters to UAE

    The $23 billion arms package was pushed through by former president Donald Trump in what was seen as a reward...

    "We remain prepared to move forward... if that is what the Emiratis are interested in doing", Blinken said while speaking during a visit to Malaysia

    Asked about the conditions the US has set, he did not give precise details, but said Washington wanted to ensure that Israel maintains its "military edge"

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